Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
(Loss) income attributable to Midwest Holding Inc.	$ (53)	$ 9,452
Adjustments to arrive at cash provided by operating activities:
Net premium and discount on investments	(12,468)	(3,834)
Depreciation and amortization	189	143
Stock options	603	386
Amortization of deferred acquisition costs	4,779	1,902
Deferred acquisition costs capitalized	(19,356)	(10,635)
Net realized (loss) gain on investments	(18,310)	18,810
Allowance for Credit Losses	4,751
Deferred gain on coinsurance transactions	5,151	3,614
Changes in operating assets and liabilities:
Reinsurance recoverable	(15,284)	18,383
Interest and dividends due and accrued	(9,886)	(4,674)
Premiums receivable	(10)	(6)
Deposit-type liabilities	79,646	(27,795)
Policy liabilities	2,069	2,933
Receivable and payable for securities	45,861	16,955
Other assets and liabilities	(5,317)	9,893
Net cash provided by operating activities	62,365	35,527
Fixed maturities available for sale:
Purchases	(378,752)	(418,011)
Proceeds from sale or maturity	58,471	187,670
Mortgage loans on real estate, held for investment
Purchases	(200,367)	(55,431)
Proceeds from sale	73,112	46,853
Derivatives
Purchases	(140,521)	(11,421)
Proceeds from sale	132,672	3,232
Equity securities
Purchases	(33)
Proceeds from sale		11,009
Other invested assets
Purchases	(727)	(44,257)
Proceeds from sale		3,334
Purchase of restricted common stock	(1,665)
Preferred stock
Purchases	(2,389)	(3,474)
Net change in policy loans	(30)	65
Net purchases of property and equipment	(100)	(1,573)
Net cash (used in) investing activities	(460,329)	(282,004)
Cash flows from financing activities:
Net transfer to noncontrolling interest	5,094	(2,587)
Receipts on deposit-type contracts	457,782	254,145
Withdrawals on deposit-type contracts	(62,051)	(18,130)
Net cash provided by financing activities	400,825	233,428
Net increase (decrease) in cash and cash equivalents	2,861	(13,049)
Cash and cash equivalents:
Beginning	191,414	142,013
Ending	194,275	128,964
Supplementary information
Cash paid for taxes	$ 8,200	$ 2,870